Skip Navigation
September 20, 2024

Mackenzie Investments Announces Estimated Reinvested Distributions in Connection with the Mergers and Termination of Exchange Traded Funds


TORONTO - September 20, 2024 - Mackenzie Investments (“Mackenzie”) today announced the following estimated reinvested distributions (the “Estimated Reinvested Distributions”) in respect of the upcoming mergers and termination for the Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX). The mergers and termination, which will take place on or about September 27, 2024, were first announced in June 2024. In all cases, these Estimated Reinvested Distributions will be reinvested on or about September 27, 2024, to unitholders of record on September 26, 2024.

The Estimated Reinvested Distributions will not be paid in cash but will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.

Details for merging ETFs:

Mackenzie ETF

Ticker
Symbol

Estimated Reinvested Distribution
per Unit ($) (to be reinvested and consolidated)

Currency

CUSIP

ISIN

Exchange

Mackenzie Maximum Diversification Canada Index ETF

MKC

3.37964

CAD

55453L109

CA55453L1094

TSX

Mackenzie Maximum Diversification US Index ETF

MUS

1.60716

CAD

55453M107

CA55453M1077

TSX

Mackenzie Maximum Diversification All World Developed Index ETF

MWD

1.28424

CAD

55453N105

CA55453N1050

TSX

Mackenzie Maximum Diversification All World Developed ex North America Index ETF

MXU

0.08481

CAD

55454L108

CA55454L1085

TSX

Mackenzie Maximum Diversification Emerging Markets Index ETF

MEE

0.57045

CAD

55453Q108

CA55453Q1081

TSX

Mackenzie Emerging Markets Equity Index ETF

QEE

0.14862

CAD

55455L107

CA55455L1076

TSX

Mackenzie World Low Volatility ETF

MWLV

0.05023

CAD

55453H108

 

CA55453H1082

 

TSX

Mackenzie Canada Low Volatility ETF

MCLV

0.06659

CAD

554555102

CA5545551023

TSX

Mackenzie US Low Volatility ETF

MULV

0.01772

CAD

554914101

CA5549141011

TSX



Details for terminating ETF:

Mackenzie Maximum Diversification Developed Europe Index ETF

MEU

0.05129

CAD

55453P100

CA55453P1009

TSX

For more information please see: Mackenzie Investments Announces Proposed Changes to Its Mutual Fund and ETF Lineups.

Further information about Mackenzie ETFs can be found at mackenzieinvestments.com.

Commissions, management fees, brokerage fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.

The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an Exchange Traded Fund's performance, rate of return or yield. If distributions paid by the Exchange Traded Fund are greater than the performance of the Exchange Traded Fund, your original investment will shrink. Distributions paid as a result of capital gains realized by an Exchange Traded Fund, and income and dividends earned by an Exchange Traded Fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.

About Mackenzie Investments

Mackenzie Investments (“Mackenzie”) is a leading investment management firm with $208.6 billion in assets under management as of August 31, 2024.  Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies with approximately $260 billion in total assets under management and advisement as of August 31, 2024. For more information, visit mackenzieinvestments.com

For further information, please contact:

Hilary Bassett
Mackenzie Investments
416-951-7558
hilary.bassett@igmfinancial.com  

Kim Tran
Placements Mackenzie (Québec)
514-217-1684
kim.tran@northstrategic.com